Navigation Links
Cosan-Shell Deal Expands Global Penetration Outlook for Brazilian Ethanol, Says Brazilian Sugarcane Industry Association
Date:2/1/2010

SAO PAULO, Feb. 1 /PRNewswire-FirstCall/ -- The joint venture announced today simultaneously in Sao Paulo and London involving Brazilian ethanol group Cosan and Royal Dutch Shell increases prospects of an expanding global presence for Brazilian sugarcane ethanol. The assessment came from Brazilian Sugarcane Industry Association (UNICA) President Marcos Jank.

In his view, the deal brings together two companies that are strongly complementary: "The partnership generates scale, efficiency and technology, all of which certainly contribute to gain access for Brazilian ethanol to global markets and overcome protectionist obstacles that still hinder its growth," Jank commented.

The President of UNICA was pleased with comments regarding the qualities of Brazilian ethanol, made by Shell officials during the news conference: "They stressed that they consider Brazilian ethanol as the biofuel that contributes the most to greenhouse gas emission reductions, as well as being the most efficient, sustainable and commercially viable in the world. It is important to highlight that not only Shell, but several other global companies doing business with the Brazilian sugar and ethanol industry, no longer have any doubts about these aspects when discussing the ethanol produced here."

According to UNICA, with the involvement of Iogen, a world leading biotechnology firm specialized in cellulosic ethanol, and Codexis, a leading developer of clean biocatalytic process technologies -- both subsidiaries of Shell, the agreement also has the potential to promote advancements in the development of second generation ethanol from sugarcane biomass. "The way forward for our industry includes the expanding use of new technologies. This is something that is already happening, but requires even greater levels of commitment and investment in order to become a vital aspect for the future of our activity," concluded Jank.

This US$12 billion deal brings together the largest Brazilian and global producer of sugarcane ethanol and holder of the Esso and Mobil brands in the country, with one of the largest oil companies in the world, with almost 100 years of experience in the Brazilian market. The deal with Cosan makes Shell the third oil company to invest in ethanol production in Brazil -- BP was first in 2008, followed by Petrobras, which made its first direct investment in production in late 2009.

ABOUT UNICA

The Brazilian Sugarcane Industry Association (UNICA) represents the top producers of sugar and ethanol in the country's South-Central region, especially the state of Sao Paulo, which accounts for about 50% of the country's sugarcane harvest and 60% of total ethanol production. UNICA develops position papers, statistics and specific research in support of Brazil's sugar, ethanol and bioelectricity sectors. In 2008, Brazil produced an estimated 565 million metric tons of sugarcane, which yielded 31.3 million tons of sugar and 25.7 billion liters (6.8 billion gallons) of ethanol, making it the number-one sugarcane grower and sugar producer in the world, and the second-largest ethanol producer on the planet, behind the United States.

    MORE INFORMATION:
    CDN Corporate Communications - Sao Paulo, Brazil

    Rosa Webster - (5511) 3643 2707 / rosa.webster@cdn.com.br
    Mariane dos Santos - (5511) 3643 2730 / mariane.santos@cdn.com.br

SOURCE Brazilian Sugarcane Industry Association

RELATED LINKS
http://www.portalunica.com.br

'/>"/>

SOURCE Brazilian Sugarcane Industry Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine news :

1. FDA Expands Use of Approved Breast Cancer Drug
2. Blue Cross and Blue Shield Association Expands Blue Distinction(R) Designation to Include Spine Surgery, Knee and Hip Replacement
3. iVina Expands BulletScan Document Scanner Product Line Powered by ABBYY FineReader Technology
4. Universal Background Screening Expands with Opening of Los Angeles Office
5. Tylenol Recall Expands to Include Other OTC Meds
6. Anthem Blue Cross and Blue Shield Expands SilverSneakers(R) to Additional Members in Missouri
7. ActiveGroup expands into Europe by hiring Market Research Leader
8. Knowledge Networks Expands in Pharma Research With Acquisition of CMR
9. Medicare Fraud Strike Force Expands Operations Into Brooklyn, N.Y.; Tampa, Fla.; and Baton Rouge, La.
10. Coastal Healthcare Administrators Expands Provider Network to Santa Clara County
11. Epocrates Expands iPhone Offerings with New Premium Content
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced traumatic events may suffer ... unhealthy avenues, such as drug or alcohol abuse, as a coping mechanism. To avoid ... healthy coping following a traumatic event. , Trauma sufferers tend to feel a range ...
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that 20 ... by their peers for this recognition are considered among the top 2 percent of ... honors as members of this year’s Legal Elite Hall of Fame: Miami Shareholders ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is excited ... To Recovery® program to drive cancer patients to and from their cancer treatments. ... highest quality of life and ongoing independence. Getting to and from medical treatments ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. ... magazine’s Code Talker Award, an essay contest in which patients and their families pay ... be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research ... "Pharmaceutical Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, ... (Oral, Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is ... a CAGR of 6.1% in the forecast period 2016 ...
(Date:6/23/2016)... June 23, 2016 Research and Markets ... Issue 52" report to their offering. ... treatment creates a favourable commercial environment for MedImmune to enter. ... base that will serve to drive considerable growth for effective ... serve to cap sales considerably, but development is still in ...
(Date:6/23/2016)... LONDON , June 23, 2016 ... environments  Oticon , industry leaders in ... the launch of Oticon Opn ™, the world,s ... world of possibilities for IoT devices.      ... Opn, Oticon introduces a number of ,world firsts,: ...
Breaking Medicine Technology: